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My employee's take-home salary is 150,000 per month. In this amount, he receives a convenience allowance, medical allowance, and TA (1,600 + 1,250 + 1,000) and has submitted documents against Section 80C for Rs. 100,000 (per annum). He is also paying rent for Rs. 17,000 per month. Could you please inform me about his annual TDS?

Today from India, Kochi

From India, Kochi
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Find enclosed attachment for TDS calculation tool. But still it is advisable that let the Finance person take care of the TDS & they are more competent.
From India, Bangalore
Attached Files (Download Requires Membership)
File Type: xls Monthly Salary Statement - TDS Calculator.xls (55.0 KB, 252 views)

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